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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Fails To Hold Onto Gains
- RES 4: 1.4001 High Jun 23
- RES 3: 1.3983/90 High Jul 30 / 61.8% of the Jun 1 - Jul 20 sell-off
- RES 2: 1.3958 High Aug 4
- RES 1: 1.3913 High Sep 14 and the intraday bull trigger
- PRICE: 1.3838 @ 16:18 BST Sep 15
- SUP 1: 1.3727 Low Sep 8 and key S/T support
- SUP 2: 1.3680 Low Aug 27
- SUP 3: 1.3602 Low Aug 20
- SUP 4: 1.3572 Low Jul 20 and the bear trigger
GBPUSD traded solidly ahead of the London close Tuesday and probed resistance at 1.3892, Sep 3 high before fading. The sharp reversal from yesterday's high has defined a new key S/T resistance at 1.3913 where a clear break is required to confirm a resumption of bullish activity. This would open 1.3958, Aug 4 high ahead of a key resistance at 1.3983, Jul 30 high. Key support is unchanged at 1.3727, Sep 8 low. A break would be bearish.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.